Key facts
- Region
- Europe / EU
- Corporate tax
- 21% (5% Madeira)
- VAT
- 23%
- Currency
- EUR
- Time zone
- WET
- Language
- Portuguese / English
Key advantages
- 21% corporate tax (lower in Madeira).
- Madeira: 5% corporate tax until 2027.
- English widely used in business.
Entity types
| Type | Full name | Tax | VAT | Min. capital | Setup time | Best for |
|---|---|---|---|---|---|---|
| Lda | Private limited company | 21% | 23% | €1 | 2–4 weeks | SMEs |
| SA | Public limited company | 21% | 23% | €50,000 | 4–6 weeks | Large structures |
Frequently asked questions
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Company type· Portugal
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